News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Japan to Launch CBDC Pilot in March, Joining Global Trend
In April, the Bank of Japan is set to launch a new trial program for its central bank digital currency…
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Binance Mints $50M Worth of TrueUSD Amid Regulatory Pressure on USD-Backed Stablecoins
Just a few days following the news of Paxos and Binance USD facing regulatory investigation in the United States, the…
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SEC Charges Terraform Labs Founder and Company with Multibillion Dollar Fraud Scheme
In a recent court filing in the Southern District of New York, the U.S. Securities and Exchange Commission accused Do…
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Explosive Report: Binance Shifts $400M from US Affiliate to Managed Company of CEO CZ
Bank records and internal company communications reveal that giant crypto exchange Binance had undisclosed access to a bank account belonging…
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Strained Relations: Banks and Crypto Navigate Regulatory Uncertainty
Banks are cautious about engaging with digital assets due to the absence of consistent regulations in the emerging market. As…
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Binance Works with Regulators to Settle Investigations, Faces Potential Fines and Penalties
As per a recent report from the Wall Street Journal, Binance, the world’s biggest digital asset exchange, is gearing up…
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Judge Denies New FTX Investigation, Attorneys Accrue $25M in Fees with Over $2.1K per Hour
On Wednesday, a judge overseeing the bankruptcy case of FTX in the US dismissed a request by the Department of…
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Abu Dhabi Launches Hub71+ Digital Assets with $2 Billion Funding to Boost Web3 Startups
Hub71, a global technology ecosystem based in Abu Dhabi, has announced the launch of a specialized ecosystem called Hub71+ Digital…
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Report by World Government Summit Outlines Path to Governance of the Metaverse
The World Government Summit (WGS) today launched a report titled “Governing the Metaverse,” in partnership with consulting firm Arthur D.…
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Lawsuit Alleges Silvergate Bank Supported Multibillion Dollar FTX Fraud
A new class action lawsuit has accused Silvergate Bank and its CEO Alan Lane of assisting in a massive fraudulent…
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